PM Modi Launches Rs 134.80 Bn Development Push in Bihar
Prime Minister Narendra Modi on 24 April unveiled development projects worth over Rs 134.80 billion in Madhubani, Bihar, marking Panchayati Raj Day celebrations.The initiatives include power projects of Rs 50.3 billion, a Rs 3.4 billion LPG bottling plant in Gopalganj, and the launch of new rail lines and services like the Amrit Bharat Express and Namo Bharat Rapid Rail. Modi also distributed Rs 9.3 billion under DAY-NRLM to Self Help Groups and sanctioned PMAY-Gramin benefits to over 1.5 million rural families.The projects aim to create jobs, boost connectivity, and improve living standards i..
Madhav Infra Jumps 9 per cent After Winning Rs 3.24B NHAI Highway Project
Madhav Infra Projects surged 9.22 per cent to Rs 12.79 after securing a Rs 3.23 billion highway project from the National Highways Authority of India (NHAI). The project involves four-laning a 10.08-km stretch from Rahatgarh to Berkhedi in Madhya Pradesh under hybrid annuity mode, with completion expected in 730 days.Madhav Infra, active in infrastructure and solar power, reported a 75.3 per cent rise in Q3 FY25 standalone net profit to Rs 38.4 million, with revenue up 59.8 per cent at ₹1.28 billion. Its market cap stood at Rs 3.42 billion as of 9 April 2025. ..
NBCC to Build Educational Projects Worth Rs 646 Million Across Three States
NBCC (India) Ltd is set to start construction of three educational institutions across Delhi, Hyderabad, and Odisha. These projects, collectively, will be worth Rs 646.5 million, with a hostel in Delhi’s Mandoli district being the most expensive, at Rs 296.5 million. The remaining expenses are for work at NALSAR University of Law in Hyderabad (Rs 180 million), and Dhamnagar College in Bhadrak, Odisha (Rs 170 million).These projects reflect NBCC’s increasing presence in educational infrastructure development, which is a departure from their traditional operations. These projects in particul..
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